Of Inflation up to 3.1 % in the US and 2.4% in EURo land Does not need much more to get over 4%. If that is reached you money will half it's value in just 18 years. And still the Fed is printing money as mad. So maybe 5% is not that far away. And again "this time isn't different". The...
Well I just can conclude it sinks faster than ever for me. Now they want to stick to their program of printing money. And well if you have savings you got robbed day by day, monthy by month year by year. The inflation raises (just remember: http://mises.org/Community/blogs/fdominicus/archive/2011/02...
just to keep that written down. I know no deledef will read it and no-one will agree. But be it as is. The path is crystal clear IMHO. I wrote yesterday about inflation. And there's a clear evidence for it that prices start running (if they start cantering, everything will go down the drain). The...
Posted to
F Dominicus Blog
by
Friedrich Dominicus
on Thu, Feb 3 2011
Filed under: stealing, inflation, the next decade, raising prices, fixed exchange rates, Predictions, capital control, the next years
this is the question. The Dax is up around 1000 points that are roughly 16,67 %, let's see what the Dow has done: up around 1000 points also that are roughly 9.6%. Well let's see Gold: roughly up 300 EUR from 750 EUR beginning of the year, that are gains of around 40%. Now is Gold a Bubble? Well...
Posted to
F Dominicus Blog
by
Friedrich Dominicus
on Wed, Dec 29 2010
Filed under: politicians, stealing, bureaucrats, deledefs, inflation, worthless money, Bubble, silver, gold, central bank